[Code of Federal Regulations]

[Title 31, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR800.505]



[Page 943]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

  CHAPTER VIII--OFFICE OF INTERNATIONAL INVESTMENT, DEPARTMENT OF THE 

                                TREASURY

 

PART 800_REGULATIONS PERTAINING TO MERGERS, ACQUISITIONS, AND TAKEOVERS 

BY FOREIGN PERSONS--Table of Contents

 

        Subpart E_Committee Procedures: Review and Investigation

 

Sec. 800.505  Withdrawal of notice.



    (a) A party to an acquisition that has submitted notice under Sec. 

800.401(a), or, if more than one such party has submitted notice, the 

parties to an acquisition, may, at any time prior to an announcement by 

the President of his decision as described in Sec. 800.601, request in 

writing that such notice(s) be withdrawn. Such request shall be directed 

to the Staff Chairman and shall state the reasons why the request is 

being made. Such requests will ordinarily be granted, except as 

determined by the Committee. A written notification of the decision on 

the request to withdraw notice shall be sent promptly to the 

requester(s).

    (b) Any withdrawal in writing of an agency notice by the agency that 

submitted it shall be effective on its receipt by the Staff Chairman, 

who shall promptly send notice of the withdrawal to the parties to an 

acquisition.

    (c) In any case where a request to withdraw notice is granted under 

paragraph (a), or where the withdrawal is effective under paragraph (b) 

of this section, or where notice has been rejected under Sec. 800.403, 

such notice shall be considered not to have been made for purposes of 

Sec. 800.401. Section 800.702 shall nevertheless apply with respect to 

information or documentary material filed with the Committee. With 

respect to any subsequent acquisition among the parties that is within 

this part, notice made in accordance with Sec. 800.401 shall be deemed 

a new notice for purposes of these regulations, including Sec. 800.601.